Trust Services
Ensure Your Legacy
A trust is a fiduciary arrangement through which the trustee manages assets for the benefit of third parties. A trust is commonly used to transfer wealth to heirs or to favored charitable organizations. Insurance products, such as life insurance policies, annuity contracts and disability policies, may be used to fund trusts in appropriate circumstances.
Trusts are very flexible and may be drafted to meet the specific intent of the individuals creating the trust and customized to meet the specific needs of trust beneficiaries. You can use trusts as a key element in a comprehensive estate and wealth transfer plan, or to otherwise direct how your legacy will be managed and distributed after your death.
Trust Services Include:
– Investment management and asset diversification.
– Periodic statements, annual tax reporting, and investment reporting.
– Cash management, custody, and prompt distribution of assets.
– Processing of capital changes such as stock dividends, splits, exchanges, and tenders.
– Bill paying, automated deposits and disbursements.
– Income collection and allocation.
Ensure Your Legacy
In order to meet your estate planning needs, our team will collaborate with your trustee, a third party who has your best interests in mind, to set up your trust with an attorney. When properly drafted by an attorney and administered by the trustee, a trust can help ensure your assets are managed and distributed after your death exactly as you desire.
Managing Your Wealth
Different investment products can help you work toward a variety of financial goals, including retirement and estate planning, as well as education funding. You should be aware of the risk/return potential of any investment products you consider purchasing and select appropriate investment products based on your goals, comfort with risk, timeline, and a product’s fees and tax considerations.
Our Wealth Management Advisors can guide you through the growing number and complexity of available options. It is our job to ensure your financial plan fits your short- and long-term financial goals.
